Danske Expands Fund Pricing Initiative

Danish asset manager Danske Capital, a subsidiary of Danske Bank group, is expanding the number of funds that it prices on an intra-day basis as part of an ongoing effort to provide accurate net asset values for funds managed on behalf of clients, officials say.

"We have been working on building this huge machinery to derive NAV prices for our 120 funds in Helsinki and 25 funds in Sweden, and now we are taking on Danske Invest with 150 funds, so in total we have some 300 funds [that must be

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